REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,099,000
Est. payment | /mo
4 Beds
4 Baths
2,108 SqFt
$ 1,099,000
Est. payment | /mo
4 Beds
4 Baths
2,108 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,108 sqft
Price per Sqft $521
MLS Listing ID 26847607
Bedrooms 4
HOA Y/N No
Year Built 1922
Lot Size 6,233 Sqft
Property Description
VACANT AT CLOSE OF ESCROW! Exceptional opportunity to acquire a fully vacant duplex in the heart of Koreatown, offering immediate flexibility for investors, owner-users, and developers alike. Situated on a generous 6,231 sq ft lot, 4504 & 4506 W Maplewood Ave features two well-maintained units with significant income and development potential.The front residence offers approximately 1,300 square feet with 2 bedrooms and 2 bathrooms, featuring spacious living areas, abundant natural light, and functional living spaces. The rear residence is approximately 800 square feet and also includes 2 bedrooms and 2 bathrooms, providing an ideal layout for rental income, multigenerational living, or an owner-user seeking supplemental income.One of the property's most attractive features is that it will be delivered completely vacant, allowing the next owner to lease both units at market rents, occupy one or both units, renovate and reposition the asset, or pursue redevelopment opportunities from day one. The detached garage presents excellent ADU conversion potential for additional income, while the large lot may offer future expansion or development possibilities for those looking to maximize the property's value.Located on a quiet residential street in one of Los Angeles' most sought-after rental markets, the property is surrounded by an incredible collection of restaurants, cafes, and neighborhood amenities. Enjoy easy access to Koreatown's renowned dining scene, including popular Korean BBQ destinations, trendy cafes, bakeries, and nightlife. Nearby Larchmont Village offers charming boutiques, restaurants, and coffee shops, while Downtown Los Angeles, Hollywood, and Hancock Park are just minutes away.Conveniently positioned near major transportation corridors, Metro stations, and employment centers, this location continues to attract strong tenant demand and long-term appreciation. Whether you're seeking a value-add investment, an owner-user opportunity, an ADU project, or a future development site, this vacant duplex offers endless possibilities in one of Los Angeles' most vibrant and centrally located neighborhoods.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher
Laundry Stacked
Exterior
Parking Features Uncovered
Total Parking Spaces 5
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5521020011
Special Listing Condition Standard
Listed by Matthew Chang Keller Williams Realty Los Feliz #01963056
NEARBY SCHOOLS & PROPERTIES
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "